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Oct 2, 2012
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i think this is going to get down to $140,000, $120,000 that was the number that paul ryan floated today. things that trouble me. i don't want middle class taxes to go up at all. so i'm worried about not just the mortgage deduction, the kiddy credit, health care deductions and earned income tax credits and i'm a little concerned, i would have to see the details, i want it to red line all middle class deductions and soak the upper end whose rate comes down to 28. >> the chances are of somebody making $80,000 or less, you are probably not going to hit them on the earned income tax credits, probably pretty unlikely. but you are right. it could be a problem with the middle class. you have to see the fine print. did romney release the fine print? >> interview from the fox affiliate in denver. can i ask you? >> let me say this, this is the first time in a long time that i disagree wednesday yo disagreeed with you. if you can trade in people in the middle class to increase their investment i'm all for it even if it means a small investment in the amount that they pay. >> why not get rid of that
i think this is going to get down to $140,000, $120,000 that was the number that paul ryan floated today. things that trouble me. i don't want middle class taxes to go up at all. so i'm worried about not just the mortgage deduction, the kiddy credit, health care deductions and earned income tax credits and i'm a little concerned, i would have to see the details, i want it to red line all middle class deductions and soak the upper end whose rate comes down to 28. >> the chances are of...
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Oct 1, 2012
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t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong numbers coming in. the dow, s&p 500 and nasdaq all up about 4.3% or even better. that reverses some of the losses that we saw in the second quarter where the dow was down by 2.5%, s&p down by 3.3 and the nasdaq town by 5%. and, yes, the dow is almost about 5% below the all-time closing high of 14164. s&p about 8% away from it all-time closing high of 1565. a lot of things happening catod, but new quarter, new start. it is within striking distance, joe. >> i thought about that. you know all the different ways to win the election, the nasdaq might work for me for 30%. if that doesn't work, i'll back to the october low
t" do you want to talk about the jets and rex ryan going crazy?d jets and rex ryan going crazy? told everybody not to go to pray pra monday and tuesday because tefs it was embarrassing. and the tebow throw which was a fine throw, but what's his name got totally killed. >> is that where santonio holmes got hurt? >> no, he was hurt earlier. people being carted off the field the whole time. >> let's get a check of the markets. from the third quarter, you saw very strong...
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Sep 28, 2012
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and that is not -- >> except for paul ryan. >> i beg your pardon. ryan recast a bill that will -- >> he is for it. >> obama is just catering to the virginia voters and they are not going to buy it. they won't buy it. >> i'm larry kudlow. that's it for tonight's show. economic patriotism, you know what that means, grow the economy by 6 or 7% a year. [ man ] not only that, the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives you the power of a v8 with the highway fuel economy of a v6. incredible! right? an amazing test drive. i agree. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! tdd#: 1-800-345-2550 at schwab, we're committed to offering you tdd#: 1-800-345-2550 low-cost investment options-- tdd#: 1-800-345-2550 like our exchange traded funds, or etfs tdd#: 1-800-345-2550 which now have the lowest tdd#: 1-800-345-2550 operating
and that is not -- >> except for paul ryan. >> i beg your pardon. ryan recast a bill that will -- >> he is for it. >> obama is just catering to the virginia voters and they are not going to buy it. they won't buy it. >> i'm larry kudlow. that's it for tonight's show. economic patriotism, you know what that means, grow the economy by 6 or 7% a year. [ man ] not only that, the silverado's powertrain warranty is 40,000 miles more than ford. and this workhorse gives...
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Oct 5, 2012
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if paul ryan doesn't get pushed, biden will be ready to go after him. in the last vice presidential debate i knew his stuff. even though as you showed in that clip he and mccain were good friends, he was aggressive in going after mccain and his friends. >> this was tuesday. >> why aren't you more specific i heard you sunday when you were on fox and you didn't answer his question about how we're going to you know what are your plans? >> oh, yeah, look, when you get in 0 a math conversation it can take a little while. >> steve, we've got time. >> you know, yeah, joe biden is going to step back and go take your time. go ahead, you know, we can listen. >> yeah, there is this famous s and l sketch from the 1988 election. and he said you got 1:30 and talk about what you do for the homeless problem. he says i don't have enough time there is so much to get to. you know what, we have stopped the clock for you. and he stairs. you wonder, the thing was, in the debate last night. obama had multiple opportunities to press romney and be specific on the math and prese
if paul ryan doesn't get pushed, biden will be ready to go after him. in the last vice presidential debate i knew his stuff. even though as you showed in that clip he and mccain were good friends, he was aggressive in going after mccain and his friends. >> this was tuesday. >> why aren't you more specific i heard you sunday when you were on fox and you didn't answer his question about how we're going to you know what are your plans? >> oh, yeah, look, when you get in 0 a math...
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Oct 3, 2012
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and, in fact, paul ryan's 10 and 25% plan basically hit the same revenue and same distribution as the current tax code. this is totally doable. i give romney credit for moving in the right direction here, but he should be bolder, like paul ryan's house plan. >> the other issue is -- the ultimate goal here is to create economic growth, right? >> right. >> dave, if you were to see these tax cuts actually lead to economic growth, lead businesses to create jobs, do you get there the other way, through economic growth and job creation? isn't that the ultimate goal? >> yeah, but maria, look, it's tough to create economic growth. you whack the home mortgage interest deduction and the housing sector takes a hit. whack the employer health insurance deduction, and the health sector takes a hit. >> but you're lowering taxes for corporations and individuals. doesn't it mean those people most likely and those companies most likely will be putting money back into the economy to create jobs and to create consumer spending? i was looking at the ultimate goal here. so, you know, is that where he's goi
and, in fact, paul ryan's 10 and 25% plan basically hit the same revenue and same distribution as the current tax code. this is totally doable. i give romney credit for moving in the right direction here, but he should be bolder, like paul ryan's house plan. >> the other issue is -- the ultimate goal here is to create economic growth, right? >> right. >> dave, if you were to see these tax cuts actually lead to economic growth, lead businesses to create jobs, do you get there...
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Sep 29, 2012
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in the very first interview romney and ryan gave after ryan joined the ticket, bob sheath pointed out that ryan's budget plan could be trouble for romney. let's listen. >> there's no question your campaign has been trying to make this election a referendum on barack obama. now, some people are saying you are making it a referendum on paul ryan's budget plan. >> well, i have my budget plan, as you know, that i've put out. and that's the budget plan that we're going to run on. >> and again, this sunday romney had to distance himself from ryan's positions and assert that he's the man at the top of the ticket. let's listen. >> the president's cutting $716 billion from current medicare. i disagree with that. i would put those dollars back into medicare. >> mr. ryan has proposed something similar, almost precisely the same number. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> what a miserable time he has. he put the guy on the ticket. >> i remember when this happened. when he put ryan on the ticket
in the very first interview romney and ryan gave after ryan joined the ticket, bob sheath pointed out that ryan's budget plan could be trouble for romney. let's listen. >> there's no question your campaign has been trying to make this election a referendum on barack obama. now, some people are saying you are making it a referendum on paul ryan's budget plan. >> well, i have my budget plan, as you know, that i've put out. and that's the budget plan that we're going to run on....
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Oct 4, 2012
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and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing. and as jim cramer said a little earlier, i think between 23 and 27 minutes of the world's focus was on this last night. the people have moved on to more substantive topics now. >> so the bottom line is that it does not matter for a domestic business who gets elected? when it comes to the fundamental -- >> i think it does matter, but i think it matters because i think barack obama is the person who is most likely to be able to continue growing the economy. and the things that romney has proposed are unlikely to be successful. but i don't think ceos react to something like a debate. you know, they'
and i think the only thing that would worry me is if i really believed that romney and ryan were going to get elected and they were going to come in and dramatically cut government spending, that would lead to a recession, and that would worry me. but i don't think they're going to get elected, but more importantly, i don't think they would do that if they did get elected. nears no republican that ever has. i think ceos are focused on what the consumer is doing, what are their customers doing....
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Oct 1, 2012
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ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities. probably if you look at crop insurance or commodity payments in the agriculture, that can add up. smaller areas that's $1 billion. $1 billion here, $1 billion there, it adds up to money. we wanted a menu of thoughtful choices to reduce our deficit and avoid sequestration. >> go through it for us. because, you know, i guess if it were that easy, it would have been a lot simpler getting to the point where we're at. can you talk to us specifics about what you think should be cut? >> sure. that's what we wanted to do in this report. it's more than $100 bil
ryan, nice to have you on the program. thanks very much for joining us. >> thanks for having me. >> so for so long all we talk about is the low-hanging fruit that is defense cuts as well as the entitlements. medicare, medicaid, and social security. where do you see opportunity for cuts? >> we see opportunity across the budget. in agriculture, in transportation. as you say, in defense and in general government programs but across the government we think there's opportunities....
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Sep 28, 2012
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in the first interview romney and ryan gave after ryan joined the ticket, bob schieffer pointed out ryan budget plan, including his plan to voucherize, that's a great word, medicare, could be trouble for romney. let's listen. >> there's no question your campaign has been trying to make this a election a referendum on barack obama. now some people are saying you are making it a referendum on paul ryan's budget plan. >> well, i have my budget plan, as you know, that i have put out, and that's the budget plan that we're going to run on. >> and again this sunday romney had to distance himself from ryan's positions and assert that he's the man at the top of the ticket. let's listen. >> the president's cutting $716 billion from current medicare. i disagree with that. i'd put those dollars back into medicare. >> mr. ryan has proposed something similar, almost precisely the same number, 716. >> he was going to use that money to reduce the budget deficit. i'm putting it back into medicare and i'm the guy running for president. >> well, what a miserable time he has. all he does is defend himself a
in the first interview romney and ryan gave after ryan joined the ticket, bob schieffer pointed out ryan budget plan, including his plan to voucherize, that's a great word, medicare, could be trouble for romney. let's listen. >> there's no question your campaign has been trying to make this a election a referendum on barack obama. now some people are saying you are making it a referendum on paul ryan's budget plan. >> well, i have my budget plan, as you know, that i have put out,...
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Oct 3, 2012
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ryan of course completely missed that opportunity. and i think really solidified the romney/ryan view of the 47%. let's listen to that question and answer. >> we have 47% of the people of the united states paying no taxes. federal income tax. is there any way that this 47% can pay a nominal fee or something so they feel that they have small ownership in the government and maybe they won't take all the handouts so readily. >> i've got an idea. let's help them get jobs so they can get a good paycheck so then they're good taxpayers. this is the point that mitt and i have been trying to make. and sometimes the point doesn't get made the right way. we don't want a stagnant economy that fosters dependency. >> sometimes the point doesn't get made the right way. jonathan, he sure didn't make it the right way. he says about the 47%, let's help them get jobs. so he thinks the 85-year-old widow who does not pay federal income tax needs to get a job. this was a chance for him to reach out, identify that 47%, and show that he knows what they are s
ryan of course completely missed that opportunity. and i think really solidified the romney/ryan view of the 47%. let's listen to that question and answer. >> we have 47% of the people of the united states paying no taxes. federal income tax. is there any way that this 47% can pay a nominal fee or something so they feel that they have small ownership in the government and maybe they won't take all the handouts so readily. >> i've got an idea. let's help them get jobs so they can get...
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Oct 3, 2012
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if romney/ryan win, i think all bets are off. >> so if romney wins, you have to change your investment thesis and your ideas for what stocks could work in a romney administration? >> no, not really. you've had me on the program several times and i consistently try to talk about did your only investment themes. and that's one category is innovation, that's important new medicines for grieve vus illnesses. and another theme that will be with us regardless of who the president is and who controls the senate and house is cost of health care. yes, i would submit to you that if romney wins, it's going to have a knee jerk response to a few of those sectors, but what i'm really talking about and what we're focused on is things we think will unfold over the next many years. >> among your top five holdingses you have gilead in there, so that goes toward the technology and development of drugs. how about some of the other best picks in your portfolio right now? >> well, one that i want to share with the audience is a little small cap called pcrx and i'm really excited about this one. it's very ea
if romney/ryan win, i think all bets are off. >> so if romney wins, you have to change your investment thesis and your ideas for what stocks could work in a romney administration? >> no, not really. you've had me on the program several times and i consistently try to talk about did your only investment themes. and that's one category is innovation, that's important new medicines for grieve vus illnesses. and another theme that will be with us regardless of who the president is and...
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we have the jack ryan opposition research file we are releasing in parts, we're going to soon be releasing in full. there's a lot about obama people say they don't know and we think there's a void to be filled there so we're going to do it. >> your basic point is he needs to be fully vetted, that back in 2008 he was not fully vettedoned you want to make sure this time around he is, is that fair? >> and the press was con plit is. this was an open event and they chose not to cover it. vince, thank you very much. that's it for this show. thank you for watching. the more information about any of these candidates, mitt romney, barack obama, just put it right out there, free speech. that's free markets. i'm kudlow. we'll see you monday. up. a short word that's a tall order. up your game. up the ante. and if you stumble, you get back up. up isn't easy, and we ought to know. we're in the business of up. everyday delta flies a quarter of million people while investing billions improving everything from booking to baggage claim. we're raising the bar on flying and tomorrow we will up it yet again. f
we have the jack ryan opposition research file we are releasing in parts, we're going to soon be releasing in full. there's a lot about obama people say they don't know and we think there's a void to be filled there so we're going to do it. >> your basic point is he needs to be fully vetted, that back in 2008 he was not fully vettedoned you want to make sure this time around he is, is that fair? >> and the press was con plit is. this was an open event and they chose not to cover it....
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the idea, originally presented congressman ryan, your running mate. we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is, that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior about $6,000 a year. now, in fairness, what governor romney has now said is, he will maintain traditional medicare alongside it. but there's still a problem. because what happens is, those insurance companies are pretty clever at figuring out who are the younger and healthier seniors, they recruit them, leaving the older, sicker seniors in medicare. and every health care economist who looks at it says what will happen is, the traditional medicare system will collapse. and then what you've got is folks like my grandmother, at the mercy of the private insurance system, precisely at the time when they are most in need of decent health care. so i don't think vouchers are the right way to go, and this is not my -- not o
the idea, originally presented congressman ryan, your running mate. we would give a voucher to seniors and they could go out in the private marketplace and buy their own health insurance. the problem is, that because the voucher wouldn't necessarily keep up with health care inflation, it was estimated that this would cost the average senior about $6,000 a year. now, in fairness, what governor romney has now said is, he will maintain traditional medicare alongside it. but there's still a...
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Oct 4, 2012
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when ryan is put on the ticket. yet we get 45 minutes through the debate before paul ryan is mentioned. he's the incarnation of the modern republican party which will inherit the power that you give to mitt romney since they will be governing from the house most likely. that is the key thing to remind people there is a governing of the republican party that already exists. it's like nailing gel oto the wall. no. you are tied to an actual institutional govern body which actually has a record, which actually is going to propose and vote for things that you actually put on your ticket. they are you and you are they and that connection never really happened. >> and it's not in the future. it's not hypothetical. he said if the ryan claim i would sign it. >> i want to go to lawrence o'donnell who is in denver in the spin room. >> i'm in the spin room now where marco rubio is the star. he's telling them how great governor romney did tonight. i think we have to recognize here that we do not declare the winner of this debate
when ryan is put on the ticket. yet we get 45 minutes through the debate before paul ryan is mentioned. he's the incarnation of the modern republican party which will inherit the power that you give to mitt romney since they will be governing from the house most likely. that is the key thing to remind people there is a governing of the republican party that already exists. it's like nailing gel oto the wall. no. you are tied to an actual institutional govern body which actually has a record,...
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Oct 4, 2012
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. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group. >> -- tonight on taxes. good to see you both. thanks for your time. as the president and governor romney make their final preps, corporate america gets their chance to weigh in. >> when we come back, the former president and coo of verizon on what big business wants to hear tonight. >> but before the break, money man jim cramer's take. >> nobody asked me. i'm not running. i'm not part of a debate. but i stand for higher stock prices for all. if you like me, i will put through my plan to switch to clean burning job creates natural gas vehicles and educate the mass's money. clean the skies. rebuild our run down i
. >> but paul ryan has disavowed the ryan plan. mitt romney is not bound he says by the ryan plan. mitt romney has offered a plan that is actually has so little in that you can't even run the numbers. i mean, if you have a plan that is basically filled with empty magic asterisks you can't analyze whether this will deal with a budget deficit in the future. the independent tax policy center said in fact -- >> it's a left wing group, for crying out loud. it's a left wing group....
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you would be sticking him with the paul ryan budget before he picked paul ryan. >> i'm giving myself fridays off. >> not quite fridays off but it did make the job more straight forward. and george thorus pledged more money to you today. why did he do that today and why didn't he do that before and what is the consequence of that? >> the consequence is that -- >> does it bring other rich democrats who gave to him, does it bring them out of the woodwork? >> is this the moment where we need to get involve snd. >> we are getting into this period where you are at the last moment where big investments are voting in the race. iowa is voting today. you can make investments in television add ver advertisements. i think a lot of democrats are feeling the election is here and even though mitt romney has not performed very well over the last two weeks, the president is barely knocking on 50% in the last two weeks. democrats are feeling the pressure and are concerned. >> when people are talking about giving maybe a seven figure donation, you were on the campaign side of it with normal donors year
you would be sticking him with the paul ryan budget before he picked paul ryan. >> i'm giving myself fridays off. >> not quite fridays off but it did make the job more straight forward. and george thorus pledged more money to you today. why did he do that today and why didn't he do that before and what is the consequence of that? >> the consequence is that -- >> does it bring other rich democrats who gave to him, does it bring them out of the woodwork? >> is this...
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Oct 1, 2012
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we bring in nick from key private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying expectations are zero for the quarter since there are no expectations for growth. we think it's going it come in more 4%, 5%. we think the majority of companies are going to beat. the important thing here, we think the expectations for the fourth quarter are too high. while they're too high, we think a majority are going to lower fourth-quarter guidance after reporting. not by the same magnitude as what was last quarter. the cuts are going to come but not be as severe as last quarter. >> brian, what do you think? what are your expectations for earnings going into this quarter? >> they're going to b
we bring in nick from key private bank, ryan from bimo capital market and our own bob pisani. gentlemen, good to see you. thanks for joining us. nick, if in kt end it's all about earnings, will the markets have a problem given the fact what we're seeing looking at the revenue side of the equation? >> the rate of growth is clearly slowing both on the sales and the earnings front. it's also a game of expectations. for the third quarter the expectations, we've been joking around saying...
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and then i think there is a second component and that is that he selected as his running mate paul ryan. paul ryan, someone who is passionate about deconstructing comments of the 47%. >> has romney's campaign done a good job of responding to the criticism? >> he first comes out and says i stand by it basically. number one, that's bad. but then as he's tried to move away from it, he's ended up stumbling all over the place. the other day he was talking about showing empathy by doing health care reform in massachusetts, which simply reinforced that if that's empathy, then barack obama -- >> do you think the president used 47% to box him in? >> i think so but he's got to be careful. obama doesn't want 47%, he wants 51, 52, 53. >> john nichols, great to have you with us. >> the first day or two it was like the waco with the david koresh situation where they're trying to smoke him out. >> todd akin's own campaign is comparing him to a cult leader. >> this is somebody who makes michelm michele bachmann look like a hippie. brochures, posters copies of my acceptance speech. great! it's always go
and then i think there is a second component and that is that he selected as his running mate paul ryan. paul ryan, someone who is passionate about deconstructing comments of the 47%. >> has romney's campaign done a good job of responding to the criticism? >> he first comes out and says i stand by it basically. number one, that's bad. but then as he's tried to move away from it, he's ended up stumbling all over the place. the other day he was talking about showing empathy by doing...
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Oct 3, 2012
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. >> but people thought that would slow people that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's coalition. doing very well with them right now. >> john, i know that every day as we get closer to the election, we need things to talk about, and the polls are all we have. how many people was this, 849 or something? what's the number? >> you talking about the national poll? >> yeah, either one. >> in the swing state polls, we do 1,300 registered voters. >> doesn't matter what the actual numbers are. i remember taking statistics, so i understand standard -- i understand how they try to make it scientific. but you know what i'm saying. you take any 900 people at any given tile and you think about 200 million people, whatever it is, but then we microanalyze the moist minute details because that's what we do as journalists. i can give you polls -- i saw a poll last week that had -- it was plus-four for the president, and then another one was down six. it was an individual st
. >> but people thought that would slow people that the choice of ryan would scare people. >> he's up in all the polls with people over 65, though. >> right. but senior citizens are the strongest element of romney's coalition. doing very well with them right now. >> john, i know that every day as we get closer to the election, we need things to talk about, and the polls are all we have. how many people was this, 849 or something? what's the number? >> you talking...
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yesterday paul ryan was grilled about it on, of all places, fox news. let's watch. >> how much would it cost? >> it's revenue neutral. >> i'm just talking -- we'll get to -- >> the cut in tax rates will lower all americans' tax rates by 20%. >> how much does that cost? >> it's revenue neutral. lowering tax rates by broadening the tax base works. >> you haven't given me the math. >> i don't have the time -- it would take me too long to go through all the math. >> this is not the first time romney was challenged, or ryan, on the vagueness of the proposal. back in 1994 romney talked about a plan to tackle health care up in massachusetts. actually nationwide. but never explained what the cost would be, the cost of the program. his opponent in the race back then was ted kennedy memorably challenging him on that debate. let's watch how it's done. here is where you challenge a guy to come clean, especially when he can't do it. let's watch. >> they ought to have an opportunity to know. what is the cost of your program? >> i don't have a cost of my program. >> y
yesterday paul ryan was grilled about it on, of all places, fox news. let's watch. >> how much would it cost? >> it's revenue neutral. >> i'm just talking -- we'll get to -- >> the cut in tax rates will lower all americans' tax rates by 20%. >> how much does that cost? >> it's revenue neutral. lowering tax rates by broadening the tax base works. >> you haven't given me the math. >> i don't have the time -- it would take me too long to go through...
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home state of the republican vice presidential candidate paul ryan. after making his very first remarks since last night's showdown. >> we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and doing their fair share and everybody plays by the rules. that's what i'm fighting for. that's why i'm running for a second term as president of the united states and that's why i want your vote. >>> just in to cnn, a source tells our barbara starr at the pentagon a fbi investigative team has finally made it to the site of last month's deadly attack on the u.s. consulate in libya. the fbi team was stalled for three weeks because of security concerns. that attack killed four americans including u.s. ambassador to libya chris stevens. stay right there. we'll be back at the top of the hour for a full analysis of each man's performance and what happens from here. but now, let me take you back to that debate. >> i think we have another clear difference between the two of you. now let's move to health
home state of the republican vice presidential candidate paul ryan. after making his very first remarks since last night's showdown. >> we believe in a country where hard work pays off and where responsibility's rewarded and everybody's getting a fair shot and doing their fair share and everybody plays by the rules. that's what i'm fighting for. that's why i'm running for a second term as president of the united states and that's why i want your vote. >>> just in to cnn, a source...
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mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age from 65 to 67. hasn't said a word about that in the election campaign so far. you can expect the two to clash on that issue, as well. >> john, i know you've looked at some poll numbers from the journal and nbc news. maybe a slight tightening on a national level. but certainly in some important states like ohio, the president continues to lead. i know you've said the romney strategists believe they need ohio. if it's mathematically possible to win without it, why do they still believe they need it? >> well, because if you don't win ohio, you're probably not going to win, say, wisconsin, which is
mitt romney's proposed with paul ryan an ambitious reformation of the program that would go to voucher, but he hasn't said what the level of the voucher would be or the growth rate in the voucher. if you don't specify that, you can't specify what your savings will be or the impact on consumers. and finally president obama last year in the grand bargain talks with house speaker boehner talked about more ambitious proposals than medicare than he's advocated so far like raising the eligibility age...
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paul ryan is over here. what is it, like 4 million people there maybe? >> it starts there as you recall. actually started the whole deal for barack obama back in 2008. >> wow. can i talk about corn? >> yes. >> thank you. go ahead. >> all right. the new report out this morning corn is already jumping on the markets because it was bullish on corn and some traders had been expecting bearish news. they've been selling off corn this week but the usda says stocks as of the beginning of september for the year are 98 # bushels. that is under a billion bushels, very low. 988 bushels. the street was expecting slightly more than 1.1 billion. that is a 12% drop from stocks a year ago with most of it from grain facilities not from the farms. corn supplies on the farm are only down slightly. perhaps as farmers are holding on to corn to meet contract commitments. soybeans, the market is mixed. it was a bearish report with ending stocks a little higher than expected at 169 million bushels. still, a 21% drop in a year. bullish wheat with stocks as of the beginning of sep
paul ryan is over here. what is it, like 4 million people there maybe? >> it starts there as you recall. actually started the whole deal for barack obama back in 2008. >> wow. can i talk about corn? >> yes. >> thank you. go ahead. >> all right. the new report out this morning corn is already jumping on the markets because it was bullish on corn and some traders had been expecting bearish news. they've been selling off corn this week but the usda says stocks as of...
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. >> can mitt romney and paul ryan count on your support this november election? excellent. and would you be interested in voting early this election? >> reporter: karen smooth is credited with making the iowa gop's 1 millionth voter call this cycle. >> i'm calling about issues that matter to iowa. >> reporter: she's doing her part now as republicans play early voting catch-up. >> we're working hard here. we're rolling up our sleeves and putting our boots on and we're going at it. so we still have time. >> reporter: john king, cnn, iowa city, iowa. >>> and don't forget, catchhe first presidential debate, denver, colorado, romney versus obama, next wednesday, 8:00 p.m. right here on cnn. >>> all right, it is time the world draws a clear red line, a strong warning from israeli prime minister benjamin netanyahu about iran. and at first elected to homeming court only to find out it was an evil prank. how one teen is getting back at the bullies. in that time there've been some good days. and some difficult ones. but, through it all, we've persevered, supporting some of the bigges
. >> can mitt romney and paul ryan count on your support this november election? excellent. and would you be interested in voting early this election? >> reporter: karen smooth is credited with making the iowa gop's 1 millionth voter call this cycle. >> i'm calling about issues that matter to iowa. >> reporter: she's doing her part now as republicans play early voting catch-up. >> we're working hard here. we're rolling up our sleeves and putting our boots on and...
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paul ryan is a domestic gu he doesn't do a lot of foreign policytuff. by not talking about it, it lets obama off the hook a little bit because there is this problem of what happens next after the surge over? you know, what happens with pulling outhe oo do we pull them out earlier like bill young is talking about? do we keep them in longer in that debate is not happening. you know, i don't think either candidate, frankly, probably had a particularly good answer for th. i k 'st of why we're seeing neither one of them really engaging hard on what's going to happen next in the war. >> the president is talking about the new tower on the new york skyline. that tower is not done. talking about savings from ending t war in afghanistan. that waroesn't end until the end of 201 anybody running against somebody who's taking those positions provided they had the slightest bit of confidence in our own position, it seems like a place to go. but i wonder if you see the romney campaign potentially bringing somebody else on who can handle it? any sort oheaveight >> ty co
paul ryan is a domestic gu he doesn't do a lot of foreign policytuff. by not talking about it, it lets obama off the hook a little bit because there is this problem of what happens next after the surge over? you know, what happens with pulling outhe oo do we pull them out earlier like bill young is talking about? do we keep them in longer in that debate is not happening. you know, i don't think either candidate, frankly, probably had a particularly good answer for th. i k 'st of why we're...
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ryan says that too. it looked to me like that was working, that they were actually managing to sort of get to the president's left on medicare and attack him and say the president's going to cut your medicare, we're going to protect it. i don't know why it's not still working. >> here's why. so they've decided they're going to pick this fight on medicare. it's a bizarre fight they picked for the reasons you named. clearly they're the party that wants to shrink the entitlement state. you have to see what they say behind closed doors or read conservative blogs. we know what the conservative apparatus in the republican party thinks about the entitlement state. they want to say we're going to be more extravagant to you seniors. they made the mistake of picking a fight on an issue that the democrats have reputational capital built up over time. it's not sustainable. if democrats went out and convinced them that they were the party that would give tax cuts to the rich, it would not be possible. it's not credib
ryan says that too. it looked to me like that was working, that they were actually managing to sort of get to the president's left on medicare and attack him and say the president's going to cut your medicare, we're going to protect it. i don't know why it's not still working. >> here's why. so they've decided they're going to pick this fight on medicare. it's a bizarre fight they picked for the reasons you named. clearly they're the party that wants to shrink the entitlement state. you...
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i think there is a second component and that is that he is selecting as his running mate, paul ryan. likeable guy, but someone who is passionate about deconstructing programs for the 47%. >> what are do you think are romney's campaign to respond to all of this. have they done a good job? >> one of the most miserable responses i have seen in years of politics. he comes out and said i stand by it basically. number one, that's bad. as he tried to move away from it, he ended up stumbling all over the place. the other day he was talking about showing empathy by doing health care reform in massachusetts which reinforced the fact that if that's empathy, barack obama showed it for the whole country. >> you think the president uses the phrase 47% to box romney in in the first debate? >> a little bit, but he has to be careful. obama doesn't want 47%. he wants 51, 52, 53. he will use a lot of efforts. there will be a referencing to the 47%, but more of an emphasis on what he will do for the broader majority. >> thanks so much. a lot more in the next half hour with the ed show. stay with us. >>
i think there is a second component and that is that he is selecting as his running mate, paul ryan. likeable guy, but someone who is passionate about deconstructing programs for the 47%. >> what are do you think are romney's campaign to respond to all of this. have they done a good job? >> one of the most miserable responses i have seen in years of politics. he comes out and said i stand by it basically. number one, that's bad. as he tried to move away from it, he ended up...
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they spend a lot f time talking about the ryan plan, medicare and medicaid. talking about lyme disease is a big improvement over a day spent talking about taking medicare away from people. >> that is the faintest craze of a political campaign you're going to hear. it's not -- at a moment when mitt romney is losing, it does not strike me that that's that's going to turn it around. >> we're going to be finding out what they are focused on. up next, a shocking admission from apple. truly shocking from this company and today, new details released in the massacre at the colorado movie theatre in aurora. why the man accused of the murders was banned from his college campus well before the incident. get two times the points on travel, with chase sapphire preferred. boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada... really good. yes! [ jack ] ...and alicia. ♪ this girl is on fire [ male announcer ] use any citi card to get the benefits of private pass. mor
they spend a lot f time talking about the ryan plan, medicare and medicaid. talking about lyme disease is a big improvement over a day spent talking about taking medicare away from people. >> that is the faintest craze of a political campaign you're going to hear. it's not -- at a moment when mitt romney is losing, it does not strike me that that's that's going to turn it around. >> we're going to be finding out what they are focused on. up next, a shocking admission from apple....
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. >> i'll ask you on taxes, yesterday you were on the paul ryan clip, but there is a debate over the romney tax plan, not that he's not going to lower taxes, he may lower taxes and that may be a good thing for the economy, but the question is ultimately does it bring in enough revenue to make it revenue neutral? one of the things they have said about republicans is it would lower the deficits but the taxes have exploded under them. your views? >> there's no question the deficits have exploded under them. the last two decades among the two wars and the mistakes in my opinion, we blew a lot of money. multiples of what we blew before. so, you know, my attitude is that -- >> jimmy, my question is do you have any confidence no matter who is in office that actually the hard cuts that need to be made ultimately to make any text plan deficit neutral are actually going to happen? >> and my question to you comes down to a simple question. >> do you believe in the tooth fairy? >> who does the president listen to? i wonder if you could name for me four or five executives who have been advising t
. >> i'll ask you on taxes, yesterday you were on the paul ryan clip, but there is a debate over the romney tax plan, not that he's not going to lower taxes, he may lower taxes and that may be a good thing for the economy, but the question is ultimately does it bring in enough revenue to make it revenue neutral? one of the things they have said about republicans is it would lower the deficits but the taxes have exploded under them. your views? >> there's no question the deficits...
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he can bring in the cavalry with joe next week against ryan. that should be good, don't you think? >> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm committed to working each day to make facebook better for you and hopefully one day we'll be able to connect the rest of the world." this is a major milestone for the company. facebook hit 500 million active users, doubling its size in two years. mark zuckerberg taped an interview with matt lauer airing exclusively on the "today" show shortly, that sitdown his first since the ipo coming up later this afternoon. >> yesterday afternoon i saw a headline, facebook is going to charge you $7 if you want to send posts, headlines to your friends. sounded crazy. >> facebook is testing all sorts of different ad models and facebook gives you the op
he can bring in the cavalry with joe next week against ryan. that should be good, don't you think? >> i do. >> steve see you back in a bit? >> we'll talk about draghi at 8:30 and jobless claims. >>> right now breaking news, julia boorstin has more on what's happening with facebook. >> that's right, the facebook announcing it has 1 billion monthly active users and 600 million mobile users, mark zuckerberg saying, making this announcement saying "i'm...
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i've got news for congressman ryan. america is neither in decline and it's never been a good bet to bet against the american people. they have never let this country down. >> all right, joe biden seems to know exactly how to use that 47% comment to the greatest effect. >> big ups to joe biden for rocking the polo shirt. i can't think of the last time someone on a ticket has made such a bold choice. look at the contrast here between joe biden who's setting the issues on the table and paul ryan who frankly doesn't look very gracious when you're asked about missteps on the ticket, if you want to do anything, and i think this is communications and politics 101, if you want to do anything talk about your own missteps. you're the number 2 guy. you're not there to remind people about how your boss made a big error that wasn't just style but was also substance. >> paul ryan was also asked why the romney/ryan team is trailing in the polls. let's listen to his response to that. >> it kind of goes without saying that there is defi
i've got news for congressman ryan. america is neither in decline and it's never been a good bet to bet against the american people. they have never let this country down. >> all right, joe biden seems to know exactly how to use that 47% comment to the greatest effect. >> big ups to joe biden for rocking the polo shirt. i can't think of the last time someone on a ticket has made such a bold choice. look at the contrast here between joe biden who's setting the issues on the table and...
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this is apparently a real romney campaign flyer, identify romney-ryan, doing more to fight the spread of lyme disease. this is first posted today by mother jones. another page of the flier "what can a president do about lyme disease"? is mitt romney running for president because of tick-borne illness or is somebody else down the campaign food chain making decisions now? it's when people are desperate and take matter into their own hands, then you get a campaign about tick-born diseases related to deer? or the yacht mogul helping park the yacht? then sometimes it's exactly what you think it's going to be. >> y'all sound like y'all are senior citizens, right? yeah. we don't want -- you don't want obama. you really don't want obama. he'll get rid of your medicare. you might as well say good-bye to it. yeah, and i don't know if you've done any research on obama or not, but he is a muslim. he is -- got a socialistic view on the, you know, the economy, the government, the whole nine yards. um, if he had his way, we would be a socialistic country. okay, really do. pay attention to fox news.
this is apparently a real romney campaign flyer, identify romney-ryan, doing more to fight the spread of lyme disease. this is first posted today by mother jones. another page of the flier "what can a president do about lyme disease"? is mitt romney running for president because of tick-borne illness or is somebody else down the campaign food chain making decisions now? it's when people are desperate and take matter into their own hands, then you get a campaign about tick-born...
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i can't imagine he would want to go into the weeds with paul ryan and talk about budget baselines. he'll talk about the kind of narrative, the middle class, the folks that he believes -- >> the ones buried in the last four years? >> i think joe biden really does connect with average voters in a way most politicians don't. and i think it will be tough. >> tony, you and the steelers, man. anything happens to them, and i got to hear from you. >> i have not had a chance on air to congratulate you with the reds. amazing season. >> thank you. they're 5:1 odds. i think the nationalses are slightly above that. but i checked the game is saturday 8:38. i'm so excited because last time i got to the playoffs, remember what happened? they got no hit. i'm like watching it, waiting for a hit. i waited and waited and there never was one. anyway, gentlemen -- go ahead. >> what's that, football? >> listen to you. >> i know you'll have chuck todd on later today, but on this question, if you look at like some of the expectations from the wall street journal poll, on the feelings about the economy and
i can't imagine he would want to go into the weeds with paul ryan and talk about budget baselines. he'll talk about the kind of narrative, the middle class, the folks that he believes -- >> the ones buried in the last four years? >> i think joe biden really does connect with average voters in a way most politicians don't. and i think it will be tough. >> tony, you and the steelers, man. anything happens to them, and i got to hear from you. >> i have not had a chance on...
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don't even go there, paul ryan. that straight to camera shot, you saw both campaigns come out with ads. president obama is a much better speaker. he's more direct and communicates warmth and honesty. from mitt romney it seems hollow. if i were the romney campaign, i would stay with the fix it thing. do everything short of coming out with mops and brooms and talk about the economy. whenever they try to play the genuine american attack, it never works for them. they fall flat and it always rings hollow. >> alex, richard, great to have you with us on "the ed show." >>> coming up, the obama campaign released a new ad hammering mitt romney for outsourcing jobs to a chinese company with sweat shop conditions during his time at bain capital. sherrod brown will be joining me on that and other issues. >>> and billionaires are getting antsy about the possibility of president obama's reelection. and they are starting to whine big time. stay tuned. you're watching "the ed show." >>> welcome back to "the ed show." thanks for wat
don't even go there, paul ryan. that straight to camera shot, you saw both campaigns come out with ads. president obama is a much better speaker. he's more direct and communicates warmth and honesty. from mitt romney it seems hollow. if i were the romney campaign, i would stay with the fix it thing. do everything short of coming out with mops and brooms and talk about the economy. whenever they try to play the genuine american attack, it never works for them. they fall flat and it always rings...
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after the paul ryan speech, you have the obama campaign referring to the lies in paul ryan's speech and that's echoed by president obama's allies in the media. when you don't have the romney campaign's response robustly. for example, president obama has been running ads claiming that mitt romney's going to race taxes on the middle class. now, mitt romney has never made that claim. this is coming from a report making all kinds of arguments. and he's made all kinds of a assumptions that the romney campaign has rejected. also puts harvey rosen, you can also generate enough growth to avoid a middle class tax increase. there are a loft credible folks saying something else. it's a fact he's going to raise middle class tax. >> the obama campaign, david plouffe is a chris christie of the campaign saying their campaign is built on a tripod of lies and the president has said sometimes they just make things up. >> last i checked, isn't this called politics? you have lying all the time in politics. it is our responsibility to call folks out on it. on my tv 1 show, i have a segment called the bigges
after the paul ryan speech, you have the obama campaign referring to the lies in paul ryan's speech and that's echoed by president obama's allies in the media. when you don't have the romney campaign's response robustly. for example, president obama has been running ads claiming that mitt romney's going to race taxes on the middle class. now, mitt romney has never made that claim. this is coming from a report making all kinds of arguments. and he's made all kinds of a assumptions that the...